Max Stock Limited announces immediate report of an interested party share purchase

Rhea-AI Summary

Max Stock (TASE: MAXO) announced a share purchase by a company jointly owned by one of the Company's directors. The transaction involved 18,000 ordinary shares at an average price of ILS 8.2233 per security, impacting equity and voting rights by 0.01%.

Regulations 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

CAESAREA, Israel, March 28, 2024 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today announced a share purchase by a company jointly owned by one of the Company's directors, as follows:

Entity which performed the transaction	Relationship to Company's senior officers	Date of transaction	Security class	No. of securities	Average price per security	Equity and voting rights
G. Gissin Advocates Ltd. Co. no. 513359471	A company jointly owned by one of the Company's directors Adv. Guy Gissin and his wife Ms. Sigal Gissin Russak	March 27, 2024	Ordinary shares, TASE security no: 1168558	18,000	ILS 8.2233	0.01 %

This is an English translation of excerpts of a Hebrew immediate report that was published on March 28, 2024 (Ref. No: 2024-01-027793 (hereinafter: the "Hebrew Version")). This English version is only for convenience purposes. This is not an official translation and has no binding force. Whilst reasonable care and skill have been exercised in the preparation hereof, no translation can ever perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock
Max Stock is Israel's leading extreme value retailer, currently present in 65 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers' everyday needs at affordable prices, helping customers "Dream Big, Pay Small". For more information, please visit https://ir.maxstock.co.il

Company Contacts:
Talia Sessler, Chief Corporate Development and IR Officer
talia@maxstock.co.il

 

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SOURCE Max Stock Limited

FAQ

What company performed the share purchase transaction mentioned in the PR?

G. Gissin Advocates Co. no. 513359471

Who are the individuals associated with the company that performed the share purchase transaction?

Adv. Guy Gissin and his wife Ms. Sigal Gissin Russak

When did the share purchase transaction take place?

March 27, 2024

What type of securities were involved in the transaction?

Ordinary shares, TASE security no: 1168558

How many securities were purchased in the transaction?

18,000

What was the average price per security in the transaction?

ILS 8.2233

How much did the transaction impact equity and voting rights?

0.01%